1. Treasury Strips. Consider the following set of Treasury securities: (a) 1 year Treasury Bill (b) 5 year Treasure Note with a 3.5% semi-annual coupon (c) 15 year Treasury Bond with a 4.75% semi-annual coupon For each of these bonds, assuming a $1000 face value, describe them as a series of zero coupon bonds. In particular, show the face value and maturity dates for each of these bonds. 2. Interpolating Yields. Suppose that the 5 year Treasury note has a par yield of 2.75%, while the 10 year T-Bond has a par yield of 4.25%. What are the yields of hypothetical treasury securities that have the following maturities? Also, what would their yield be at the time they are issued (knowing that Treasury bonds are priced at par)? (a) 6 years (b) 7 years (c) 8 years (d) 9 years